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Studio · 495 sqftLincoln Park - Sheffield, Arjan · 5th floor · completed 2014

506, Lincoln Park - Sheffield

Sold prices and rental history: sold 5 times, last in June 2024, and rented since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 506 · DLD and Ejari recordsUpdated 21 November 2025
Last soldAED 435K27 June 2024
Current rentAED 54K /yr21 November 2025
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 506, Lincoln Park - Sheffield

What is 506 worth today?

Last sold for AED 435,000 in 2024

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21 Nov 2025RentedRenewal
AED 54,000/yr12 months · AED 109 per sqft
21 Nov 2024RentedNew contract
AED 54,000/yr12 months · AED 109 per sqft
27 Jun 2024SoldReady
AED 435,000AED 878 per sqft
15 Feb 2022SoldReady
AED 230,000AED 464 per sqft
24 Jan 2022SoldReady
AED 258,000AED 520 per sqft
1 Apr 2015RentedNew contract
AED 56,000/yr12 months · AED 113 per sqft
12 Mar 2015SoldReady
AED 556,600AED 1,123 per sqft
13 Jul 2014Sold by developerOff-plan
AED 556,600AED 1,123 per sqft

Source: Dubai Land Department. Updated 21 November 2025.

Key facts

Type
Studio apartment
Size
495 sqft
Floor
5th of 6
Parking
P1-16
Developer
DAMAC
Completed
2014
Service charge
AED 6,300 /yr
Last sold
AED 435K · June 2024
Building
Lincoln Park - Sheffield

About 506, Lincoln Park - Sheffield

506 is a studio of 495 sqft on the 5th floor of Lincoln Park - Sheffield, a 6-storey tower in Arjan completed in 2014 by DAMAC. It last sold on 27 June 2024 for AED 435,000, or AED 878 per sqft, 7% above the AED 817 studios in the building were fetching at the time.

It has been rented since 2015 on 3 Ejari contracts. The current contract, renewed on 21 November 2025, is AED 54,000 a year: a gross yield of 12.4% on the 2024 price, before the service charge of about AED 6,300 a year.

Sales and rents for 506 over time

Sales
Unit 506, each saleTypical studio in Lincoln Park - Sheffield
200K400K600K2009201420192024Typical sale price by year: 2009 AED 470,500; 2013 AED 483,000; 2014 AED 572,000; 2015 AED 556,050; 2016 AED 512,500; 2017 AED 490,000; 2018 AED 402,500; 2019 AED 320,000; 2020 AED 300,000; 2021 AED 292,500; 2022 AED 285,000; 2023 AED 382,500; 2024 AED 450,000; 2025 AED 482,500; 2026 AED 510,000Sold by developer, July 2014: AED 556,600 (AED 1,123 per sqft)Sold, March 2015: AED 556,600 (AED 1,123 per sqft)Sold, January 2022: AED 258,000 (AED 520 per sqft)Sold, February 2022: AED 230,000 (AED 464 per sqft)Sold, June 2024: AED 435,000 (AED 878 per sqft)

506 has sold 5 times; the dashed line is the studio median of each year in the building.

Rents
Unit 506, each contractTypical studio in Lincoln Park - Sheffield
20K40K60K20152018202120242027Typical rent by year: 2015 AED 50,000; 2016 AED 50,000; 2017 AED 45,000; 2018 AED 40,000; 2019 AED 35,000; 2020 AED 27,000; 2021 AED 24,000; 2022 AED 28,000; 2023 AED 34,000; 2024 AED 39,000; 2025 AED 43,000; 2026 AED 43,000New contract, April 2015: AED 56,000 a yearNew contract, November 2024: AED 54,000 a yearRenewal, November 2025: AED 54,000 a year

Annual rent on each registered contract; the dashed line is the studio median of each year in the building.

Studios in Lincoln Park - Sheffield, and where 506 sits

All 130 studios →

506 last sold in June 2024 at AED 878 per sqft, 7% above what studios in Lincoln Park - Sheffield were fetching at the time (AED 817). Over the last 12 months studios sold for AED 450,000 to 560,000, around AED 970 per sqft, and rent for AED 30,000 to 75,000 a year. 506's AED 54,000 is in the upper half of that range.

Recent studio salesUnit no.Price (AED)Summary
1 Oct 2026510,000
16 Jul 2026500,000
8 Jun 2026520,000
26 Mar 2026560,000
8 studio sales in the last 12 months

Lincoln Park - Sheffield

Building

170 apartments, studios to 2-bed over 6 floors in Arjan, completed in 2014 by DAMAC. 10 sold in the last 12 months.

Typical price per sqft
AED 953 Up 5.0%
Typical sale
AED 515K
Typical rent
AED 45K /yr
Typical yield
8.6%
Lincoln Park - Sheffield, Arjan: prices, sales and rents →

Other units on the 5th floor

All 170 units in Lincoln Park - Sheffield
Value
501StudioAED 375K · Apr 2024
502StudioAED 280K · Sep 2022
503StudioAED 390K · May 2023
504StudioAED 450K · Jan 2025
505StudioAED 450K · Jan 2025
507StudioAED 573K · Oct 2015
5081-bedAED 410K · Sep 2019
1–7 of 33

506, Lincoln Park - Sheffield in numbers

  • Sold 5 times: first on 13 July 2014 for AED 556,600, last on 27 June 2024 for AED 435,000 (AED 878 per sqft).
  • Rented since April 2015 on 3 Ejari contracts, from AED 56,000 to AED 54,000 a year.
  • At AED 54,000 a year the gross yield on the 2024 price is 12.4%, before a service charge of about AED 6,300 a year (AED 12.82 per sqft).
  • Studios in Lincoln Park - Sheffield sold for AED 450,000–560,000 in the 12 months to November 2026; the building's median across all types is AED 953 per sqft.

Source: Dubai Land Department. Updated 21 November 2025.

Questions about 506, Lincoln Park - Sheffield

What did unit 506 last sell for?

AED 435,000 on 27 June 2024: AED 878 per sqft for 495 sqft. The unit has 5 registered sales; the first was AED 556,600 in July 2014.

What is the rent for unit 506?

AED 54,000 a year on the contract renewed on 21 November 2025. The previous contract, from November 2024, was AED 54,000; the unit has been rented since April 2015.

How big is unit 506?

495 sqft (46.0 sqm): a studio on the 5th floor of a 6-storey tower completed in 2014.

What is unit 506 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in Lincoln Park - Sheffield sold for AED 450,000 to 560,000 in the last 12 months, around AED 970 per sqft.

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Mortgage on 506, Lincoln Park - Sheffield

Starts from the last sale price (AED 435K, 27 June 2024). Switch to today's estimate once you have unlocked it.
Price
AED 435,000
Deposit, UAE resident (20%)
AED 87,000
Deposit, non-resident (40%)
AED 174,000
Monthly over 25 years at 3.7%
AED 1,780

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →